Our mother passed away 04/08/2015.
We tried to change her will before she passed away so that us, her three children, could be the executors, however, she passed quickly and it left her deceased estate to her solicitor to act as Executor of Will.
Her deceased estate included leaving her share in the family transport business to my brother. My sister and I receive the real property and other assets (vehicle, furniture, etc). The property was owned outright by our mother. The only caveat in the will is that, should we sell the real property, we are to give our brother $50 000 to keep the family business cash flow positive. We are all in agreement with this.
At the will reading, we asked the Solicitor / Executor of Will if he would sign her real property into my sister's name and my name so that we could borrow against the equity in the property to make significant improvements to gain a better sale price. He has blatantly refused this as he thinks my brother will then turn around and sue him for failure to gain $50 000 from the sale of the property. He has stated on many occasions that he is the Executor of WIll and will do what he wants when he wants.
We have all signed a statement, whereby our brother agrees to forgo any claim to $50 000 until such time the property is improved for a higher sale price. The Solicitor / Executor of Will has refused to act on this and verbally said he would provide his own template to ensure the wording doesn’t leave any avenues open. This was 30th November 2015. Still nothing.
How do we get this property signed into our names so we can move forward? What wording should be used? Should we seek further legal advice from our own legal representative as none of us agree with or even like this authoritarian?
We tried to change her will before she passed away so that us, her three children, could be the executors, however, she passed quickly and it left her deceased estate to her solicitor to act as Executor of Will.
Her deceased estate included leaving her share in the family transport business to my brother. My sister and I receive the real property and other assets (vehicle, furniture, etc). The property was owned outright by our mother. The only caveat in the will is that, should we sell the real property, we are to give our brother $50 000 to keep the family business cash flow positive. We are all in agreement with this.
At the will reading, we asked the Solicitor / Executor of Will if he would sign her real property into my sister's name and my name so that we could borrow against the equity in the property to make significant improvements to gain a better sale price. He has blatantly refused this as he thinks my brother will then turn around and sue him for failure to gain $50 000 from the sale of the property. He has stated on many occasions that he is the Executor of WIll and will do what he wants when he wants.
We have all signed a statement, whereby our brother agrees to forgo any claim to $50 000 until such time the property is improved for a higher sale price. The Solicitor / Executor of Will has refused to act on this and verbally said he would provide his own template to ensure the wording doesn’t leave any avenues open. This was 30th November 2015. Still nothing.
How do we get this property signed into our names so we can move forward? What wording should be used? Should we seek further legal advice from our own legal representative as none of us agree with or even like this authoritarian?